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US consumers keep spending despite higher taxes

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WASHINGTON (AP) — This year got off to a sour start for U.S. workers: Their pay, already gasping to keep pace with inflation, was suddenly shrunk by a Social Security tax increase. Which raised a worrisome question: Would consumers stop spending and further slow the economy? Nope. Not yet, anyway. On Friday, the government said consumers spent 3.2 percent more on an annual basis in the...